SIXL vs. UPAR ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to UPAR Ultra Risk Parity ETF (UPAR)

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$37.29

Average Daily Volume

4,645

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

UPAR

UPAR Ultra Risk Parity ETF

UPAR Description

UPAR Ultra Risk Parity ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund invests in public equity, fixed income and commodity markets of global region. For its equity portion, it invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests directly and through derivatives in U.S. treasury inflation protected securities and U.S. treasury securities of varying maturities. For its commodity portion, it invests directly and through other funds in gold. UPAR Ultra Risk Parity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.75

Average Daily Volume

19,370

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	UPAR
30 Days	2.11%	2.51%
60 Days	5.39%	7.17%
90 Days	9.30%	7.73%
12 Months	18.24%	18.15%

4 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in UPAR	Overlap
COP	D	0.41%	0.41%	0.41%
CVX	D	0.42%	0.9%	0.42%
EOG	D	0.41%	0.23%	0.23%
XOM	C	0.41%	1.65%	0.41%

SIXL Overweight 235 Positions Relative to UPAR

Symbol	Grade	Weight
X	F	0.47%
OLLI	C	0.46%
VZ	B	0.45%
MOH	D	0.45%
CPRI	D	0.45%
DFIN	B	0.44%
KR	C	0.44%
DBX	D	0.44%
MANH	B	0.44%
SFM	B	0.44%
CNC	D	0.44%
INCY	C	0.44%
EXEL	C	0.44%
ARMK	B	0.43%
BGC	B	0.43%
ADUS	B	0.43%
FCPT	C	0.43%
LOPE	D	0.43%
HCI	C	0.43%
DLB	D	0.43%
FHI	A	0.43%
NEU	D	0.43%
PECO	B	0.43%
BJ	D	0.43%
BRBR	C	0.43%
PDCO	F	0.43%
CACI	B	0.43%
INVA	B	0.43%
WMT	C	0.43%
ATGE	C	0.43%
ETR	B	0.43%
SNDR	B	0.43%
MUSA	D	0.43%
GILD	B	0.43%
KELYA	D	0.43%
ATO	B	0.43%
T	C	0.43%
UTL	C	0.43%
MGEE	B	0.43%
MSA	D	0.43%
CW	B	0.43%
TMUS	C	0.43%
LQDT	B	0.43%
ELS	C	0.42%
LHX	C	0.42%
THG	B	0.42%
TR	C	0.42%
ELV	C	0.42%
CXW	F	0.42%
EHC	C	0.42%
MASI	F	0.42%
ADC	C	0.42%
DGX	B	0.42%
CWT	C	0.42%
MKC	C	0.42%
JAZZ	D	0.42%
WWD	D	0.42%
THS	C	0.42%
STRA	F	0.42%
HRB	C	0.42%
DTE	C	0.42%
NYT	C	0.42%
XEL	B	0.42%
ATEN	C	0.42%
HQY	C	0.42%
WEC	C	0.42%
MGY	C	0.42%
BWXT	D	0.42%
DT	C	0.42%
AEE	C	0.42%
ALL	B	0.42%
FCN	D	0.42%
AEP	C	0.42%
GTY	B	0.42%
DTM	B	0.42%
LTC	C	0.42%
OHI	B	0.42%
RBA	B	0.42%
NABL	D	0.42%
AMBC	D	0.42%
RNR	C	0.42%
NPK	D	0.42%
RGA	C	0.42%
PGR	B	0.42%
ENSG	B	0.42%
MCK	F	0.42%
EPRT	B	0.42%
CHK	D	0.42%
MMSI	B	0.42%
BOX	C	0.42%
SJW	C	0.42%
UFCS	D	0.42%
SIGI	D	0.42%
ABT	C	0.42%
TRV	C	0.42%
BRC	C	0.42%
NFG	B	0.42%
ACGL	C	0.42%
NWN	C	0.42%
AGO	C	0.42%
ALKS	C	0.42%
CMS	C	0.42%
VRRM	D	0.42%
CI	C	0.42%
EVRG	B	0.42%
SMPL	D	0.42%
AWR	B	0.42%
UNM	B	0.42%
AMH	C	0.42%
PNW	C	0.42%
OGE	C	0.42%
WPC	C	0.42%
MORN	C	0.42%
RAMP	F	0.42%
AM	C	0.42%
PRDO	D	0.42%
VIRT	C	0.42%
RHI	D	0.42%
NWE	B	0.42%
CPK	B	0.42%
ERIE	B	0.42%
NJR	B	0.42%
LRN	B	0.42%
WEN	C	0.42%
CAG	C	0.41%
WDFC	C	0.41%
KBR	D	0.41%
INGR	B	0.41%
MCRI	C	0.41%
SPTN	C	0.41%
POST	C	0.41%
AMED	C	0.41%
COLL	C	0.41%
UTHR	C	0.41%
HRL	C	0.41%
FDP	C	0.41%
PEP	C	0.41%
SPNT	C	0.41%
CHRD	F	0.41%
CHD	D	0.41%
MRK	D	0.41%
WRB	C	0.41%
PM	C	0.41%
GLPI	C	0.41%
MDLZ	B	0.41%
FE	C	0.41%
ATR	B	0.41%
HSY	C	0.41%
RLI	B	0.41%
JNPR	B	0.41%
ALE	B	0.41%
RTX	C	0.41%
CBOE	C	0.41%
K	B	0.41%
FLO	C	0.41%
PRGS	C	0.41%
TXRH	C	0.41%
DUK	C	0.41%
JJSF	C	0.41%
PG	C	0.41%
AMSF	C	0.41%
LANC	D	0.41%
PRI	B	0.41%
WTW	C	0.41%
ORLY	C	0.41%
DVAX	D	0.41%
LMT	C	0.41%
EIG	C	0.41%
AFL	C	0.41%
ABBV	C	0.41%
CCK	A	0.41%
NOC	B	0.41%
RSG	D	0.41%
CHE	C	0.41%
NNN	C	0.41%
RYAN	D	0.41%
CB	B	0.41%
KDP	B	0.41%
PLMR	C	0.41%
KO	C	0.41%
CAH	C	0.41%
HOLX	B	0.41%
RGR	D	0.41%
AVA	C	0.41%
MMC	C	0.41%
ORI	B	0.41%
ED	C	0.41%
AFG	B	0.41%
PINC	C	0.41%
WTRG	D	0.41%
TKO	B	0.41%
JNJ	C	0.41%
CALM	A	0.41%
HSTM	C	0.41%
SO	B	0.41%
NBIX	F	0.41%
AMT	C	0.41%
WM	D	0.41%
MSGS	B	0.41%
CASY	D	0.41%
AJG	D	0.41%
SRE	C	0.41%
PPL	C	0.41%
CLW	F	0.4%
HMN	D	0.4%
CL	D	0.4%
LPG	F	0.4%
KMB	D	0.4%
KNSL	C	0.4%
SAFT	D	0.4%
UNH	C	0.4%
FIZZ	D	0.4%
BG	D	0.4%
UVV	D	0.4%
CME	C	0.4%
PBH	B	0.4%
ITGR	A	0.4%
VRSK	D	0.4%
CVI	F	0.4%
KHC	C	0.4%
GIS	B	0.4%
MCY	D	0.39%
SAM	F	0.39%
MO	C	0.39%
COKE	C	0.39%
JBSS	D	0.39%
NHC	D	0.39%
EPC	F	0.39%
AVAV	C	0.39%
WU	F	0.39%
ANIP	D	0.38%
SUPN	C	0.38%
EZPW	D	0.38%
PPC	D	0.37%
BMRN	F	0.34%

SIXL Underweight 33 Positions Relative to UPAR

Symbol	Grade	Weight
GLDM	B	-14.16%
VXF	B	-3.26%
DE	B	-1.61%
BHP	D	-1.34%
RIO	D	-1.04%
SCCO	D	-0.76%
FCX	D	-0.6%
TTE	D	-0.57%
CTVA	B	-0.56%
VALE	D	-0.48%
FSLR	C	-0.41%
ECL	B	-0.36%
BP	D	-0.3%
EQNR	F	-0.24%
ENPH	D	-0.23%
CF	C	-0.21%
CNH	D	-0.19%
E	C	-0.17%
XYL	C	-0.17%
OXY	F	-0.15%
AWK	B	-0.14%
SQM	D	-0.14%
HES	F	-0.13%
TTC	D	-0.13%
FMC	C	-0.12%
FANG	D	-0.11%
MOS	F	-0.11%
DVN	F	-0.08%
AGCO	D	-0.08%
IEX	D	-0.08%
EQT	D	-0.07%
EC	F	-0.07%
CTRA	D	-0.05%